Morning Brief - january 28th, 2022

FINANCIAL MARKET HEADLINES
| MOROCCO | MARSA MAROC | Consolidated revenue up 30% in 2021
In 2021, the overall traffic handled by Marsa Maroc and its subsidiaries amounts to 47.2 MT, up 32.4%. This includes a traffic of 9.8 MT carried out by the subsidiary Tanger Alliance, which started its activity on January 1st 2021. In this context, the operator's consolidated revenue recorded an increase of 30.3% during the same period to MAD 3,592 Mn.

ECONOMIC HEADLINES
| GABON | FOREIGN TRADE | Trade surplus up 15% at the end of September 2021
According to the Gabonese Customs General Directorate, Gabon's trade balance displays a surplus of FCFA 1,373.9 Bn at the end of September 2021 against FCFA 1,194.8 Bn at the end of September 2020, i.e. an increase of 15% year-on-year. In details, ex-ports increased by 3.9%, driven by the non-oil sector, to stand at FCFA 2,268.8 Bn while imports fell by 9.5% to FCFA 894.9 Bn.

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